In addition, the Group has not complied with the requirements of covenants related to long-term borrowing facilities, resulting in the borrowings with outstanding balance of Saudi Riyals 2,777.5 million as at 31 December 2022 being immediately due and payable on demand in accordance with the terms and conditions of the borrowings. In addition, the Group’s current liabilities exceeded its current assets by Saudi Riyals 6,914.2 million and it had accumulated losses amounting to Saudi Riyals 4,690.1 as at that date. We draw attention to Note 1 to the accompanying consolidated financial statements, which indicates that the Group incurred a loss of Saudi Riyals 1,157.3 million and had negative operating cash flows amounting to Saudi Riyals 227.4 million for the year ended 31 December 2022. Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion Statement of the type of external auditor's report
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